Chelsea at a glance
8,995
People
No data
Median sale
$547/wk
Median rent
No data
Suburb gross yield
$880,000–$935,000
For sale
Asking range
3
Bedrooms
1
Bathrooms
4
Car spaces
398 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$880,000–$935,000
Asking range · $2,211/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Chelsea (last 5 years) with land size have a median of $2,113/m² of land (n=8). Districts calculation from recorded sales — not a valuation.
Chelsea at a glance
8,995
People
No data
Median sale
$547/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$53,734 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Chelsea's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $547/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 3.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Chelsea at a glance
8,995
People
No data
Median sale
$547/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White ChelseaComfort, style and effortless entertaining come together beautifully in this thoughtfully updated three-bedroom home, offering a move-in-ready lifestyle perfectly suited to families, downsizers, first-home buyers or anyone looking for a home where the hard work has already been done. From the welcoming entrance, timber-look hybrid flooring and light-filled living spaces to the excellent storage and quality contemporary finishes, every element has been designed for easy, everyday living.
The spacious lounge is framed by floor-to-ceiling windows, timber flooring and complemented by the Daikin reverse-cycle zoned heating and cooling throughout for year-round comfort. The adjoining meals area flows effortlessly into the modern kitchen, appointed with stone benchtops, Bosch appliances with electric stove top and wall oven, dishwasher, stylish black double sink and servery window for easy entertaining. Three bedrooms provide flexibility, with the generous main bedroom offering triple mirrored robes, ceiling fan, block out blind and privacy roller blinds, while the second bedroom enjoys a peaceful garden outlook and triple built-in robes. The third bedroom, complete with carpet and double roller blinds, makes an ideal home office, nursery or guest room.
Outside, this is a home designed to be enjoyed. Timber French doors open to a covered alfresco entertaining area complete with built-in barbecue, storage and bar fridge - the perfect setting for relaxed summer gatherings or weekend celebrations. Beyond, the established garden offers plenty of lawn, mature fruit trees, a double car garage and additional storage shed, creating a private and practical outdoor environment with plenty of room for children, pets, gardening or simply enjoying the sunshine.
And then there is the location. Embrace the laid-back Chelsea village lifestyle, where everyday convenience meets bayside living. Walk to Chelsea's local shopping and café strip, train station, schools and the beautiful Chelsea Beach, while Bicentennial Park is also close by, offering expansive parkland, playgrounds, walking trails and recreation. It is a wonderfully connected position that makes it easy to leave the car at home and enjoy everything this much-loved coastal community has to offer.
Listing description written by Kristyn Buckley, Ray White Chelsea — reproduced as published, not verified by Districts.
Also look at
6B Kelvin Grove, Chelsea VIC 3196
3-bed townhouse for sale. Asking $1.2M–$1.3M.
1/80 Elsie Grove, Chelsea VIC 3196
3-bed house. Asking $980K–$1.05M.
1 Mulkarra Dr, Chelsea VIC 3196
5-bed house for sale. Asking $1.15M.
38B Ella Grove, Chelsea VIC 3196
4-bed townhouse for sale. Asking $1.42M–$1.52M.